Austrianova announced today that it’s wholly owned Thai subsidiary, that was established last year, has signed an agreement with Thailand Science Park (TSP) to rent laboratory and office space on the TSP campus just outside Bangkok. The TSP is a state of the art, newly custom built, hi-tech campus that houses around 60 leading international biotech and Pharma companies and thus is an ideal location for Austrianova’s activities. Thailand was chosen as the location for the facilities because of the country’s commitment to making TSP a life sciences hub for all of Southeast Asia, as well as the well-educated work force and economic incentives provided by the Thai government. Thailand is a founding member of ASEAN, the Association of Southeast Asian Nations.